Dubai’s real estate market recorded a sharp month-on-month recovery in April 2026, with total registered transaction value rising 20% to AED68.6 billion ($16.68 billion), according to a new analytical report published by Elite Merit Real Estate.
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Global energy investment is projected to reach $3.4 trillion in 2026, a slight increase year-on-year, according to a new IEA report.
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The global economic outlook has deteriorated sharply in recent weeks, according to the latest edition of the World Economic Forum’s Chief Economists’ Outlook published on Thursday (May 28).
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Total global air passenger demand, measured in revenue passenger kilometers (RPK), was down 3.4% in April this year, compared to April 2025, data from International Air Transport Association (IATA) said.
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During a meeting with Clemens Augustinus Hach, the former German Ambassador to Bahrain, we had a candid discussion on regional and international affairs. I explained to him, quite frankly, our reservations regarding the West’s limited understanding of our region, only to be surprised when he remarked: “This is the first time I’ve heard such views expressed with this level of honesty.”
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Bahrain’s Ministry of Works has launched a prequalification process for contractors for Phase 1A of the planned Bahrain International Sports City project, paving the way for the construction of a major new sports stadium and associated infrastructure in the kingdom.
More than 40 airlines are currently operating through Dubai International Airport (DXB), apart from the Dubai-based Emirates and flydubai, Dubai Airports said.
Qatar's government tenders and bids achieved a total value of QR8.6 billion ($2.35 billion) during the first quarter of 2026, according to a Ministry of Finance (MOF) has announced.
The US military said it carried out new strikes on southern Iran, targeting Iranian missile sites and boats attempting to place mines even as negotiations in Doha between Qatari mediators and Iran continued on a peace deal.
Strong market fundamentals cushioned the impact of broader regional uncertainties, driving resilience and sustained growth across prime office and retail segments in both Dubai and Abu Dhabi in the first quarter of 2026, according to JLL’s latest Real Estate Market Dynamics report.
ZOE Energy Storage has signed a joint venture with a Saudi partner to build the country's first world-class battery energy storage system manufacturing facility.
The Royal Commission for Riyadh City (RCRC) has commenced work on the Othman Bin Affan Road and King Salman Road development project, which aims to improve traffic flow and enhance the overall mobility experience across the Saudi capital.
Dubai’s real estate sector continues to post strong numbers, with the Dubai Land Department recording transactions worth AED21 billion ($5.72 billion) during the past week, according to the Dubai Media Office.
Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has announced another record year reflecting the strong performance of its portfolio companies and the successful implementation of the group’s strategy.
Dubai’s real estate market recorded a sharp month-on-month recovery in April 2026, with total registered transaction value rising 20% to AED68.6 billion ($16.68 billion), according to a new analytical report published by Elite Merit Real Estate.
Global energy investment is projected to reach $3.4 trillion in 2026, a slight increase year-on-year, according to a new IEA report.
ITB China 2026, the premier B2B travel trade show dedicated to the Chinese travel market, concluded on Thursday (May 28) at the Shanghai World Expo Exhibition and Convention Center, recording a 20% year-on-year increase in net exhibition area.
Iran will restore commercial shipping through the Strait of Hormuz to pre-war levels within a month as per the draft of an initial unofficial framework for a memorandum of understanding with the United States, a Reuters report quoting Iran's state TV said.
During a meeting with Clemens Augustinus Hach, the former German Ambassador to Bahrain, we had a candid discussion on regional and international affairs. I explained to him, quite frankly, our reservations regarding the West’s limited understanding of our region, only to be surprised when he remarked: “This is the first time I’ve heard such views expressed with this level of honesty.”
UAE-based ALEC Engineering has secured a $1.7 billion construction contract for Sphere Abu Dhabi, an iconic immersive entertainment venue, coming up on Yas Island. The project scope includes design, procurement and construction work of the world’s second Sphere arena which is set for completion by 2029.
The Ebola outbreak in the Democratic Republic of the Congo (DRC) has intensified, with the number of suspected cases crossing 1,000 and neighbouring Uganda imposing emergency border restrictions amid fears of wider regional spread.
Dubai's Knowledge and Human Development Authority (KHDA) has confirmed that there will be no increase in school fees for private schools in the emirate for the 2026-27 academic year.
Magrabi Retail, a leading eyewear retailer in the Middle East, has announced the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt.
The global economic outlook has deteriorated sharply in recent weeks, according to the latest edition of the World Economic Forum’s Chief Economists’ Outlook published on Thursday (May 28).
Beyon, a leading telecommunication company and digital enabler, has announced the signing of a Public Private Partnership (PPP) commitment agreement with the Ministry of Communications in Kuwait and the Kuwait Authority for Partnership Projects (KAPP), formalising its selection as the Winning Investor for the Fixed Telecommunications Network Development Project in Kuwait.
Ethara has announced that one of the world’s biggest bands, Imagine Dragons, will headline the After-Race Concerts at the Formula 1 Etihad Airways Abu Dhabi Grand Prix on Saturday, December 5.
Meta, the social networking giant, has announced that it’s now rolling out its consumer subscription plans globally for its flagship apps Instagram, Facebook, and WhatsApp.
Qatar's Ministry of Interior (MOI) has announced the termination of automatic extension of all types of expired or nearly expired entry visas, effective Sunday, June 7.
